Form 4: Acadia Realty Trust EVP Jason Blacksberg Executes Stock and LTIP Unit Transactions
SEC Form 4 Filing
EVP and Chief Legal Officer of Acadia Realty Trust, Jason Blacksberg, reports the acquisition and disposition of common shares and LTIP units on March 6, 2025.
Summary
- On March 6, 2025, Jason Blacksberg, EVP and Chief Legal Officer of Acadia Realty Trust, engaged in transactions involving the company's securities.
- Blacksberg acquired 30,000 common shares of beneficial interest at $0.
- Concurrently, Blacksberg disposed of 30,000 common shares at a weighted average price of $22.81 per share, with individual sales ranging from $22.70 to $22.88.
- Blacksberg also acquired 30,000 LTIP Units in Acadia Realty Limited Partnership (ARLP) at $0.
- Following these transactions, Blacksberg directly owns 302,413 LTIP Units.
Sentiment
Score: 5
Explanation: This is a neutral report of insider transactions. It doesn't inherently indicate positive or negative sentiment about the company's future.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to monitor management's perspective on the company's stock.
Stakeholder Impact
- Shareholders can use this information to understand the actions of company leadership.
- The transactions may have a minor impact on the stock price due to the volume of shares traded.
Key Dates
| Date | Description |
|---|---|
| 03/06/2025 | Date of earliest transaction: Acquisition and disposition of common shares and LTIP units. |
| 03/07/2025 | Date of signature on the Form 4 filing. |
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